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Decarbonization Strategy


 

We build Actionable Decarbonization Strategies 
for your Sustainability Goals

Faced with regulatory and stakeholder pressure organizations of every size and industry are rising to the challenge to do their part to combat climate change. While no one company is alike and each is at a different stage of the journey, key commitments are common and realizing them requires a deep understanding of global market and policy conditions, timely and accurate carbon emissions data across all scopes, and an evaluation of the levers available to establish and achieve your decarbonization objectives.

Gain data-driven insights.

Gather available reports, figures, and resources to develop a data-driven emissions inventory informed by industry best practices, aligned to your current conditions, and set toward a scenario-based future.

Gain data-driven insights

Gain data-driven insights.

Gather available reports, figures, and resources to develop a data-driven emissions inventory informed by industry best practices, aligned to your current conditions, and set toward a scenario-based future.

Build stakeholder alignment.

Validate organizational consensus to optimize decision-making (regulatory, financial, reputational, technological, etc), and accelerate progress toward reduction priorities and objectives, timelines, organizational boundaries, emissions scopes, and market frameworks (such as SBTi, RE100, etc.)

Build stakeholder alignment

Build stakeholder alignment.

Validate organizational consensus to optimize decision-making (regulatory, financial, reputational, technological, etc), and accelerate progress toward reduction priorities and objectives, timelines, organizational boundaries, emissions scopes, and market frameworks (such as SBTi, RE100, etc.)

Establish decarbonization glidepaths.

Assess potential carbon reduction strategies, through the lens of ESG, energy markets and climate strategy. Align targets based on emissions scopes, portfolio of facilities and market and policy opportunities or limitations.

Establish decarbonization glidepaths

Establish decarbonization glidepaths.

Assess potential carbon reduction strategies, through the lens of ESG, energy markets and climate strategy. Align targets based on emissions scopes, portfolio of facilities and market and policy opportunities or limitations.

Mitigate organizational risk

Identify opportunities across the enterprise to maximize carbon reduction, minimize cost while mitigating any potential risk associated with the evaluation of carbon reduction levers (financial, operational, reputational, etc).

Mitigate organizational risk

Mitigate organizational risk

Identify opportunities across the enterprise to maximize carbon reduction, minimize cost while mitigating any potential risk associated with the evaluation of carbon reduction levers (financial, operational, reputational, etc).

Make sustainability real

Chart the most effective and efficient pathway forward to meet targets and commitments, based on the evaluation of each lever including cost impact, implementation feasibility, target alignment, etc. Promote realistic timelines, goals, and accountabilities across the organization.

Make sustainability real

Make sustainability real

Chart the most effective and efficient pathway forward to meet targets and commitments, based on the evaluation of each lever including cost impact, implementation feasibility, target alignment, etc. Promote realistic timelines, goals, and accountabilities across the organization.

Partner with experts in the decarbonization field

When planning a decarbonization strategy, the right partner can make all the difference.

World Kinect’s sustainability team offers decades of in-market experience across all aspects of the energy and climate landscape. Our mission is to help you transition to a sustainable, renewable future through a holistic approach to decarbonization strategy and planning, providing expert, unbiased market and technical guidance. Engagement is simple and straightforward.

World Kinect's Decarbonization Planning Process

Description

Understand Priorities, Regulatory Conditions, Hot Spots and Focus Areas

  • Materiality Assessment
  • Targets, timing, scopes, and framework
  • Market and policy landscapes
  • Data management and footprint

Description

Evaluate Reduction Levers and Options to Maximize Impact

  • Identify reduction levers across emissions scopes
  • Evaluate opportunities through the lens of optimizing viability and minimizing risk

Description

Develop an Actionable Decarbonization Strategy

  • Build scenarios and determine the path forward
  • Gain organizational approval
  • Develop execution plans based on priority options
  • Support emissions data management and reporting requirements.

Decarbonization by Scope

Scope 1

Greenhouse gas emissions from sources you own or control.

Possible solutions:

  • Burn less carbon by using renewable fuels.
  • Combat climate change by switching to electric vehicles or installing charging equipment.
  • Account for the emissions you can’t reduce with offsets.
truck at factory

 

Scope 2

Greenhouse gas emissions created from the generation of the electricity, heat or steam you purchase (but you don’t own the generating equipment).

Possible solutions:

  • Generate your own clean energy with onsite solar.
  • Procure renewable energy with Power Purchase Agreements (PPAs) and virtual Power
  • Purchase Agreements (vPPAs).
  • Showcase your commitment to renewable energy with Energy Attribute Certificates (EACs or RECs).
factory icon

 

 

Scope 3

Greenhouse gas emissions caused indirectly by your supply chain and vendors related to your business activity.

Possible solutions:

  • Establish a plan to reduce emissions across your supply chain.
  • Achieve more sustainable sourcing with optimized supply chain emissions.
  • Account for the supply chain emissions you can’t reduce with offset
plane ship and car graphic

 

 

Start creating your Decarbonization Strategy today

Whether you want to get started reducing carbon at your organization, consider your renewable energy options, or evaluate the effectiveness of your current sustainability plan, the energy experts at World Kinect will help you determine what is needed to build momentum into your planning process and ensure you and your team are on the right path toward your goals.


Contact our Decarbonization Strategic Planning team to explore your options.

Key Related Services to Decarbonization Planning

Carbon Accounting and Reporting

 

 

Access to comprehensive, accurate data is the cornerstone of a successful sustainability strategy. World Kinect’s comprehensive suite of carbon services offers highly flexible solutions to meet the varied accounting and reporting needs of clients across sectors and geographies. Working with World Kinect’s carbon management and reporting services delivers proven roles to support your goals and objectives:

  • Robust carbon accounting with audit-ready results.
  • In-house, global expertise to deliver insight and advice.
  • Streamlined data collection, management, and reporting.
  • Seamless transition to carbon reduction through World Kinect solutions.

 

 

man with clipboard

 

 

Energy Efficiency

 

Energy conservation is the first leg of a comprehensive decarbonization plan. Reducing consumption and cost, improving system performance and reliability, and enhancing resiliency while having a positive carbon impact make investments in energy efficiency economically sound and environmentally responsible.

World Kinect’s suite of energy efficiency solutions helps address the complete lifecycle of energy conservation, from opportunity identification and project implementation to ongoing data management and performance tracking.

 

 

solar panels on roof

 

 

Renewable Electricity Strategies

 

Onsite solar is a great option if you have the physical space and needs, and Virtual Power Purchase Agreements (VPPAs) or Energy Attribute Certificates (RECs) allow you to include renewables in your energy mix, regardless of your physical plant.

If you are already focused on evaluation of opportunities to reduce Scope 2 emissions, we can help there too:

  • Workshops and Insight Sharing
  • Target Setting and Alignment
  • Comprehensive Scope 2 Roadmap
  • Implementation Planning

 

 

windmill

 

 

 

Frequently Asked Questions

I’m making little to no progress in decarbonization. How do I know where to start?

I’m struggling to get buy-in from leadership on prioritizing decarbonization. Is this typical?

Where can I get help if I already have a corporate sustainability plan but need to implement it?

What is the GHG protocol, and what are some ways to shrink my carbon footprint across all three scopes?

Additional Resources for Decarbonization Efforts:

How can we help you with decarbonization strategy?

Get in touch with us.